Italtile Limited - Dealing In Securities By A Director

Italtile Limited - Dealing In Securities By A Director                          
Italtile Limited                                                                
(Incorporated in the Republic of South Africa)                                  
(Registration number 1955/00058/06)                                             
Share code: ITE     ISIN: ZAE000003679                                          
("Italtile" or "the Company")                                                   
DEALING IN SECURITIES BY A DIRECTOR                                             
In terms of paragraphs 3.63 - 3.74 of the JSE Securities Exchange South Africa  
Listings Requirements, the following information, relating to the dealing in    
securities by a director, is disclosed:                                         
Non-Executive director             :    Mr D H Rabin                            
Director of                        :    Italtile                                
Number of securities               :    20 000                                  
Price                              :    R94 per share                           
Value of transaction               :    R1 880 000                              
Share class                        :    Ordinary shares                         
Extent of interest                 :    Direct beneficial                       
Nature of transaction              :    Shares sold to the Italtile Share       
                                        Incentive Trust, the proceeds of which  
will be used to fund the acquisition of 

                                        further shares that will become         
                                        available to Mr Rabin when the vesting  
                                        period in terms of the Italtile Share   
Incentive Trust expires.                

Date of sale of shares             :    8 October 2004                          
Clearance to deal obtained         :    Yes                                     
Johannesburg                                                                    
8 October 2004                                                                  
Sponsor                                                                         
Nedbank Capital                                                                 
Date: 08/10/2004 05:47:24 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department